$2,175,000

Estimated payment $14,092/month

Total Views 1,702
-- Bed
-- Bath
3,703 Sq Ft
$587 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Back Yard

About This Home

Introducing a rare investment opportunity in bustling Sunset Park – a well-maintained mixed-use brick building featuring two spacious residential units over a high-income-producing commercial space. This property offers the perfect blend of stability, location, and long-term upside. The top-floor apartment boasts 3 bedrooms, while the second-floor unit offers 2 bedrooms – both in excellent condition with generously sized rooms, ample closet space, and abundant natural sunlight pouring in through oversized windows. Each unit has been meticulously maintained, making this an ideal option for owner-users or investors. The ground floor features a fully leased commercial unit currently occupied by a thriving pizzeria, generating strong monthly rental income of $7,200. The commercial tenant also covers 75% of the water bill, offering additional relief to the building owner. A brand-new roof adds even more value and peace of mind for years to come. Ideally situated near 5th Avenue, you’ll find an array of local favorites including grocery stores, cafes, bakeries, and banks. Just minutes to Industry City, Costco, and Sunset Park’s famed waterfront. The property is close to the D, N, and R trains, ensuring an easy commute to Manhattan and Brooklyn’s major hubs. Nearby schools, parks, and community centers make this a strong draw for both families and professionals. Whether you’re looking to live, invest, or both – this is the kind of versatile asset that checks all the boxes.

Listing Agent

Mei Hua Dong

RE/MAX Edge Listed on: 07/26/2025

RE/MAX Edge

Co-Listing Agent

Dan Dong

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $30,597

Year Built

  • Built in 1919

Lot Details

  • 1,925 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Back Yard
  • Property is zoned M1-2

Home Design

  • 3,703 Sq Ft Home
  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Flooring

  • Wood
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 913

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $4,800
  • Insurance Expense $2,500
  • Utility Expense $4,560
  • Gross Income $76,800

Property Details

Property Type

Other

Est. Annual Taxes

$30,597

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Basement Amenities: Cellar, Full
  • Borough: Brooklyn
  • Building Length: 93.00
  • Building Width: 19.00
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 39th
  • Cross Street Name2: 40th
  • Heat Delivery: Baseboard
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3703
  • Street Name I D X: 5th
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1925

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 8
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4800.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: M1-2

Rental Info

  • Rent Income: 76800

Multi Family

  • Annual Gross Expense: 13060.00
  • Annual Gross Income: 76800
  • Insurance Expense: 2500.00
  • Unit Count: 3
  • Annual Utility Expenses: 4560.00

Tax Info

  • Flip Tax Amount: 30597.44

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,934 $295,200 $95,850 $199,350
2024 $30,934 $303,300 $95,850 $207,450
2023 $31,283 $293,850 $95,850 $198,000
2022 $14,906 $277,200 $95,850 $181,350
2021 $26,949 $252,000 $95,850 $156,150
2020 $16,514 $333,900 $95,850 $238,050
2019 $25,533 $325,350 $95,850 $229,500
2018 $19,903 $328,500 $95,850 $232,650
2017 $12,886 $281,700 $95,850 $185,850
2016 $7,557 $252,450 $95,850 $156,600
2015 $3,154 $26,224 $9,974 $16,250
2014 $3,154 $24,740 $11,284 $13,456
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Sale $2,175,000 0.0% $587 / Sq Ft
10/31/2025 10/31/25 Off Market $2,175,000 -- --
09/01/2025 09/01/25 Price Changed $2,175,000 -1.1% $587 / Sq Ft
07/26/2025 07/26/25 For Sale $2,200,000 -- $594 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $600,000 --
Deed $600,000 --
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Commercial
Closed $450,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 494479

Brooklyn Board of REALTORS®

APN: 00913-0008